Tosei Reit Investment Balance Sheet Health
Financial Health criteria checks 1/6
Tosei Reit Investment has a total shareholder equity of ¥43.0B and total debt of ¥42.9B, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are ¥89.9B and ¥46.9B respectively. Tosei Reit Investment's EBIT is ¥3.4B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥2.0B.
Key information
99.9%
Debt to equity ratio
JP¥42.90b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥1.96b |
| Equity | JP¥42.96b |
| Total liabilities | JP¥46.92b |
| Total assets | JP¥89.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3451's short term assets (¥8.3B) do not cover its short term liabilities (¥8.8B).
Long Term Liabilities: 3451's short term assets (¥8.3B) do not cover its long term liabilities (¥38.1B).
Debt to Equity History and Analysis
Debt Level: 3451's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: 3451's debt to equity ratio has increased from 96.6% to 99.9% over the past 5 years.
Debt Coverage: 3451's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 3451's interest payments on its debt are well covered by EBIT (5.6x coverage).